The Budget Implementation Act, 2025 (the "Act") introduces amendments to the Income Tax Act, the Income Tax Management Act, the Duty on Documents and Transfers Act, and the VAT Act. Most changes take effective from the date of publication unless stated otherwise.
Malta is positioning itself as a platform to enable entrepreneurship and businesses to prosper and achieve their international ambitions. With a high ratio of AI startups to residents and a supportive environment for innovation, Malta offers a unique opportunity for businesses looking to expand in the tech sector. The country's strategic geographic location, robust regulatory framework, and government support make it an attractive destination for tech startups and investors.
Starting January 2025, small businesses can enjoy VAT exemptions on cross-border EU trade without multi-jurisdiction registrations.
The percentage of businesses around the world with at least one women in senior management has increased significantly, rising from 66% in 2017 to 75% in 2018. However, at the same time the proportion of senior roles held by woman has marginally declined.
Malta’s rating has been raised to A3 positive from A3 stable by credit rating agency Moody’s – the highest it has ever been - following an audit published last Summer. DBRS also improves Malta's credit rating to high.
SizweNtsalubaGobodo and Grant Thornton South Africa have begun a process to fully integrate as one truly representative national professional services firm under the brand name “SizweNtsalubaGobodo Grant Thornton”.
Malta government has launched a consultation paper covering the framework relating to distributed ledger technology, ICOs and cryptocurrency exchanges and wallet providers dealing in such assets.
The introduced Family Business Act in 2017 saw the introduction of an incentive scheme for family businesses, whereby donations of marketable securities and business property used in a family business would be subject to a reduced duty rate of 1.5%, from the standard 2% or 5%.
The AST Group p.l.c. €1.835 million 5.5% 2028 Prospects MTF bond was admitted to Prospects MTF, a market regulated as an MTF and operated by the Malta Stock Exchange. The Group will use the proceeds of the bond to finance the acquisition of a multipurpose vessel.
The IFSP conference took place today at Xara Lodge with an exceptional attendance from Malta’s leading financial services industry players. Running with the theme efficiency and innovation.
Grant Thornton has recently confirmed its support and attendance at the forthcoming Nextgen Payments Forum - the ultimate gathering for senior executives involved in financial transactions and digital payments operations.
The protection of personal data is harmonized within the EU by the General Data Protection Regulation (GDPR) replacing the previous Data Protection Directive. What are the main changes?
BitMalta, Malta's first association dedicated to the promotion of blockchain technologies, has confirmed its latest partnership with the prestigious Nextgen Payments Forum that will be hosted on 27-28 February 2018 in Malta.
SMEs may look to automate as they try to future-proof their businesses, but data from Grant Thornton's IBR suggests finding talent is a bigger issue. Read more.
The question is no longer whether blockchain will disrupt the tax system, but how far, how fast and how to ensure your business is up to speed. Putting the hype aside, what does blockchain really mean for tax compliance and management within your business? What are the main risks and opportunities? How can you begin preparing for the shake-up ahead?
Dynamic organisations face many challenges. Whether it’s the war for talent, currency fluctuations, trade tariffs, aggressive competition or digital transformation, there are many barriers to growth.
Grant Thornton are pleased to advise that is had been appointed as Financial Advisors for AgriHoldings p.l.c. in respect of an issue of €2,000,000 4.875% senior secured bonds 2024.
Grant Thornton are pleased to advise that it has been appointed as Corporate Advisors for AST Group p.l.c. in respect of an issue of €2,000,000 5.5% Unsecured Bonds 2027.
With the rapid pace of change in the local business scenario, today’s entrepreneurs are dealing with more complexity and facing new challenges when it comes to sourcing finance for their business ventures.
